BTC has fallen to the level of the 50-day moving average, and analysts believe that caution is needed for future market trends. Fairlead Strategies LLC technical analyst Katie Stockton wrote in a report that the test of the closely watched average line indicates that BTC will 'return to a neutral bias' during the 'consolidation phase.' Since Trump's victory, U.S. ETFs directly investing in Bitcoin have attracted over $12 billion in net inflows, but the recent subscription pace has slowed down, with 12 ETFs experiencing a net outflow of $680 million on December 19. So far this year, BTC has risen 125%, surpassing the returns of traditional investments like global stocks and gold. The broader cryptocurrency market index has also doubled, including cryptocurrencies such as ETH and Dogecoin. (Bloomberg)

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